Vehicle harness pinned out good for A,B&C. One more check is needed at the component side. Pin A to B for continuity (O2 heater). 88electrical manual shows 6Ω's. If this shows good, suspect O2 sensor, the component.
O2 voltage needs to swing rapidly between Rich and Lean, as stated above. If new O2 doesn't solve your problem, we need to go back to REM and FT values.